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Sneha Bhardwaj March 18th, 2020 4:22 PM 0 COMMENTS

DoT Plans to Enhance Network Quality by building In-house Platforms

DoT has been collecting call records of the masses to check the poor network quality. To enhance the network quality, the Department of Telecommunications or DoT is planning to build in-house platforms which would be backed by the big data analytics collected by the telecom department. However, the call data collection by DoT has been criticised by various telecom operators as they consider it as unnecessary. But as per DoT,... Read More

Sneha Bhardwaj March 17th, 2020 12:54 PM 20 COMMENTS

Vodafone Idea Bankruptcy Will Strain Bank Sector: SBI

Vodafone Idea has been in trouble for a long time because of the massive financial distress caused by the default in AGR dues. The supreme bench asked the telcos to pay their AGR dues without any delays. However, banks addressed the government and mentioned their concern regarding the massive debt of Vodafone Idea towards the bank. The letter sent to the government by the Indian Banks Association (IBA) also included... Read More

Sneha Bhardwaj March 16th, 2020 1:27 PM 2 COMMENTS

Vodafone Idea Pays Rs 3,354 Crore Towards AGR dues

The Supreme Court’s verdict regarding the payment of AGR dues has been giving massive financial distress to telco giants such as Vodafone Idea, Bharti Airtel and others. In total, the telcos have a pay a cumulative amount of Rs 1.47 lakh crore to DoT towards AGR dues. The supreme bench has noted that the telcos must clear their AGR dues before the final hearing on March 17, 2020. Vodafone Idea... Read More

Chakri K March 13th, 2020 6:32 PM 28 COMMENTS

Relief for Vodafone Idea as Cabinet Reportedly Approved Relief Package

The much-awaited news for Vodafone Idea Limited seems to be finally here. Reports on the web say that the Cabinet has approved relief package for the stressed telecom sector. While the complete details of revival package are yet to come out, this is a piece of really good news for Vodafone Idea as the telco has been under financial crisis for a while. Vodafone Idea has been eagerly waiting for... Read More

Chakri K March 11th, 2020 2:22 PM 5 COMMENTS

Government to Roll Out Rescue Package for Stressed Telcos: Report

The Telecom Industry in India has been facing massive financial distress as the telco giants are suffering to pay their AGR dues. Earlier, the government directed all the telcos to pay their AGR dues without any future delays. Telecom operators such as Vodafone Idea, Bharti Airtel and other stressed telcos have just paid Rs 26,000 crore towards AGR payments in the form of ad-hoc payment and buffer amount. However, the... Read More

Chakri K March 8th, 2020 4:20 PM 31 COMMENTS

Vodafone Idea Aims at Having a Fresh Start in India After AGR Crisis

Over the last few weeks, we have been hearing a lot about Vodafone Idea Limited and its massive financial stress. The telco has to pay over Rs 53,000 crore to the government towards AGR dues. As we reported last week, Vodafone Group CEO was about to meet government officials to discuss the AGR crisis. Nick Read, who is the CEO of Vodafone Global Plc met with the government officials and... Read More

Chakri K March 4th, 2020 7:04 PM 34 COMMENTS

Vodafone Idea Launches TurboNet 4G Services in Pune

Vodafone Idea Limited today announced the launch of TurboNet 4G services in Pune and Pimpri-Chinchwad (PCMC). The telco also successfully integrated Vodafone and Idea networks in both locations. Furthermore, Vodafone Idea said that Pune and PCMC is the biggest territory for the operator in Maharashtra & Goa circle, where it has the largest base of over 40 million subscribers. Besides the two locations, TurboNet 4G is now available to Vodafone... Read More

Chakri K March 3rd, 2020 12:41 PM 3 COMMENTS

Vodafone Idea Likely to Pay Rs 3,000 Crore Towards Spectrum Dues

Vodafone Idea is trying to clear off the cash crunch situation as the telco giant is facing a heavy financial burden. The telco giant will likely pay Rs 3,000 crore towards spectrum dues which will eliminate the stress of bank guarantees invoked by DoT. Also, the clearance of spectrum dues will show the telcos commitments towards clearing off their financial liabilities. As per the words of a person who is... Read More

Chakri K March 1st, 2020 6:48 PM 14 COMMENTS

Vodafone Tries to Appeal Prepaid Customers by Providing Extra 1.5GB Daily Data on Select Plans

A lot of things are being said about the continuation of Vodafone Idea Limited in the Indian telecom market. Thanks to the whopping Rs 57,000 crore AGR dues, Vodafone Idea is on the brink of closure, but that isn't stopping the telco from launching new offers. In a bid to control the massive subscriber base dip, Vodafone Idea started providing 1.5GB additional data on select prepaid recharges. Vodafone Idea's Rs... Read More

Chakri K February 28th, 2020 3:50 PM 17 COMMENTS

Bharti Airtel and Vodafone Idea Appeals Government to Set up Floor Tariff

Telecom operators have appealed the government to fix the floor tariffs rate by April 1. Also, telecom operators have asked the government to allow a three-year moratorium which would be followed by 15-year payment schedule for AGR dues along with the abolishment of bank guarantees as significant steps which would help the telecom sector to recover from the massive debt burden. According to the letter which was sent by Director... Read More

Chakri K February 28th, 2020 12:19 PM 23 COMMENTS

Government Evaluates Contingency Options in Case of Default AGR Dues of Vodafone Idea

DoT officials appealed to India’s two important MNP providers Syniverse Technologies India and MNP Interconnection Telecom Solutions India on how many porting requests the providers can process in a day, as the government is looking for alternate solutions in case if Vodafone Idea fails to pay their AGR dues. As per the sources of ET Telecom, services providers noted that approximately 500,000 customers could be ported out each day in... Read More

Chakri K February 27th, 2020 12:19 PM 38 COMMENTS

Vodafone Idea Asks Government to Give Them 15 Years for Clearing AGR Dues

Vodafone Idea urged the government to give them a period of 15 years to pay their AGR dues. Also, the telco giant has asked DoT and government officials to provide a tax refund, slack their license fees and spectrum usage charges (SUC) along with the introduction of floor tariffs which would help the stressed telco to ensure their sustainability in the market. Vodafone Idea has to pay a whopping amount... Read More